Thanks Dull read it. Problem is, if it was that obvious, speculators would already be bidding up the spot price. There are some serious downside risks to uranium pricing, including delays on reactor build. In particular, the credit crunch means it will be difficult, near impossible, to debt finance a US$6-8bn new gen plant over the next 1-2 years. While I'm a long term uranium bull, I don't think we'll see US$100/lb any time soon (if ever).
no news by dly management, page-75
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$1.31 |
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Mkt cap ! $1.265B | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| Price($) | Vol. | No. |
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